Goldman Sachs in $97 Million Mortgage Loan
December 8, 2006
Cleary Gottlieb represented Goldman Sachs Mortgage Company in its origination of a $97 million mortgage loan to affiliates of DiamondRock Hospitality Company. The fixed rate loan is secured by the Renaissance Waverly Hotel, a 521-room hotel located within the Cobb County Convention Center development in Atlanta, Georgia. The loan funded on December 8.
Goldman Sachs Mortgage Company is the commercial mortgage lending affiliate of Goldman Sachs & Co. DiamondRock Hospitality Company is a self-advised real estate investment trust that is an owner and acquirer of premium hotel properties.